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Through this IQ Option user review I will provide you specific details about the binary options trading firm — IQ Option.
I will also share all information I consider helpful to get started the right way and build up an efficient online trading strategy.
Ps. I’m active and reviewing the options trading industry for a few years. I built my own knowledge following numerous option trading courses, learning through trials and errors and discussing with other experts on my blog — socialprotrading.com (french).
So if you have questions, doubts or need support on a specific topic; post your comment below and let’s discuss it. I will do my best to help you and, who knows, I may even save you from wasting a few hours on painful researches! :)
IQ Option user review: binary options trading explained.
As a tool for trading, binary options appeared in 2008 and immediately became popular worldwide.
The experts believe that the major reason for this is the fact that binary options are simple and easy to trade.
Another reason that could explain why binary options are now mainstream is the speed at which you can generate a large income while trading binary options ( — create your free trading account now ).
The mechanism is quite similar to sports betting where with a successful forecast, the capital is multiplied, whereas a failed one leads to money loss.
With the difference that, you are not “gambling” on which horse will cross the finish line first, but you are using trading tools and indicators to make a “rational guess” about what could happen next.
Binary option is an option, depending on the implementation of the stipulated conditions, that provides a fixed amount of profit or none – ForexReport
When you trade binary option online, you “bet” on the financial markets. And your success will depend on your ability to analyze the market and make the right decisions at the right moment.
The traders can make huge profits with a relatively little effort assuming that they are able to make good predictions on the price move in the market of a certain underlying asset.
This high-yield instrument — binary options — is also appreciated because:
A) There is no need for high investment.
B) There is no need to be an expert in technical and fundamental market analysis.
C) There is a great possibility to maximize funds in the short term.
IQ Option LLC : the best option trading firm?
As online options trading continues to gain in popularity as an alternative investment and hedging vehicle, there are more and more binary options brokers available on the market.
If you decide to sign up with a binary broker, it’s important to check different elements and make sure that the trading platform match your risk profile.
In order to help you with this step, here is a list of criteria to consider:
Source: broker education from binarytrading.com — how to choose your binary option broker? demo account availability, company location, mobile trading facility, year of establishment, time for deposit and withdrawal, maximum reward, return on loss, minimum and maximum deposits, minimum and maximum positions, reference quote, trading platform stability, charting software, deposit mode, number of assets, deposit bonus, range of options contract, social trading, expiry periods and customer support.
If I had to cover and analyze in-depth all those criteria, I could write a book about it… but let’s keep it short and simple.
My favorite binary trading platform is IQ Option.
You can create your account under a few minutes and get started right away.
The best part is that the broker offers a demo account which you can start with immediately (no deposit required) and enjoy forever.
One of the goals of our company is to teach beginners how to trade on financial markets. Demo trading is necessary at the beginning in order to learn without losing money — Andreas Matsas, former CEO IQ Option Europe Ltd
This feature is a great help to anyone willing to get familiar with the binary option. Indeed, this allows you to build up or sharpen your trading strategy on a risk-free platform.
As soon as you are ready to trade with your live account, you will appreciate the super low minimum deposit limit – only $10 – and the ability to fund your account with numerous deposits methods.
This is great for the traders with small bankrolls or those who are willing to practice live but without risking much.
Additionally, if you deposits $3000 (or more), you will be considered as a “VIP” and unlock extra benefits such as out-of-money refund up to 60%, competitions, express 1-day withdrawal and a personal manager.
There are opportunities for scalpers, day-traders, and mid-traders.
How does IQ Option compare with the top-ranked alternatives?
IQ Option Review: how does iq option work?
With a binary options broker such as IQ Option, you will attempt to determine what the price of the option will become. Will it be higher (“call“) or lower (“put“)?
And in the case of a successful trade, you will be credited with up to 90% profit.
The only thing you need to accomplish this task is to 1) choose the underlying asset you want to trade (a currency pair, a stock, a stock index or a commodity like gold) and 2) set the price behavior on expiration as well as 3) the very expiry time. If you are eventually right, you got the deserved payout instantly credited to your live account.
The process is quite simple and it can lead to fast profit when it’s done properly.
IQ Option trading platform: how to use IQ Option?
Even if you do not apply for a VIP IQ Option account, you are not left alone.
The support is fast and efficient. Moreover, the company listed numerous step-by-step video tutorials into what they call “The Ultimate Trading Hub“. This place will allow you to learn binary options one lesson at a time.
Here is an introduction showing you how to use IQ Option:
The first step is to adjust the interface, in the lower right-hand corner you can turn on one of the purposes color themes. And choose your preferred types of charts displays in the technical tools panel.
Select an asset before you start trading on the platform. In the asset menu, you will find all of the possible types of options. Assets available for trading as well as your potential profit which is designated as a percentage.
On the trading panel on the right, specify the size of your investment, then select the expiration time. This time is indicated by a red line on the chart. The white line on the chart shows the time up to which you can rebuy options. The number of options and the direction is not limited.
In the main window of the platform, you can see the chart for your selected asset. Using the timeline below the chart, you can change its scale. Try to determine what the rate would be at the closing of the transaction. Would it be higher or lower than the present level? Using the “call” and the “put” button, you can buy options.
Wait until the closing of your transaction to see the result. If your prediction is correct then at the closing of the transaction, you will see your specific profit and the window itself will be green. Otherwise, the window will be red.
Detailed information on all of your current and completed transactions is shown in the left panel under the history section. Also, you can trade for multiple assets. To do this, on the tab panel located at the top, you need to add the assets you are interested in trading and specify their locations within the grid layout.
Risk warning: apply a smart IQ Option strategy:
It should be noted that binary options trading carries a high level of risk and, if your prediction fails, it can result in the loss of your bet.
With that said, the risk can be easily calculated. And this is one of the key advantages of binary options. Unlike those who trade Forex and other conventional markets, you know in advance your risk and profit potential.
The goal with binary options is learning to invest carefully and profitably (over time) and not hunting for quick money.
To limit your losses, it’s recommended to play with the deposit size in a way that you never trade more than 1% of the total funds available.
You can not always win, therefore it’s very important to keep enough funds available to be able to leverage the gain-loss difference.
To get started, the minimum bet of $1 is the best for learning purposes.
Ps. If you need mentoring, or want me to review your trading strategy, post a comment below! :)
IQ Option trading platform : legitimate binary trading?
IQ Option is a modern and convenient trading platform, developed by leading traders, analysts and IT specialists.
The option trading tools provided by the company are suitable for both, professional traders and beginners in binary options trading.
IQ Option LLC is a binary options broker owned and operated by Alta Vista Trading Limited, Seychelles.
The options trading firm was launched in October 2013, under the supervision of Andreas Matsas (former CEO) and followed a rapid growth.
The platform has acquired the status of an international broker, and the IQ brand has become a world leader in the binary options industry.
IQ Option is available in 178 countries and the company counts 11,000,000+ active accounts (which deposits exceeded 0 dollars).
In accordance with IQ Option’s Terms & Conditions, the company is not entitled to provide services to residents of the United States, Russia, Canada, Australia, Belgium, Israel, Japan, Sudan, Syria, Iran and North Korea.
To get a better grasp on how huge they are, let’s quote two numbers quoted through a recent audit: IQ Option is paying $5,700,000+ per month to their traders. Additionally, they are told to proceed $2,200,000+ in payment to their affiliates every month.
In the company’s own words:
We set a goal for ourselves – to invent the best binary options trading solution in the world. With the latest technologies and innovative ideas we’ve created a platform which gives our clients an easy, smooth and fun trading experience – Dmitry Zaretsky (Дмитрий Зарецкий, current CEO, IQ Option Europe Ltd)
Over the last few years, the company was awarded numerous time for being “the most reliable”, “the most innovative” and for offering “the best affiliate program” of the industry.
IQ Option is also an official partner of Aston Martin racing, which illustrates perfectly their global philosophy: modern technologies, speed, and reliability… at maximum speed!
Jump in, drive fast and make a decision quickly — at the right time — to get the results you are looking for.
Is iq option legit? About the CySec regulation:
When you decide to join a trading platform, it’s important to verify that the company complies with the relevant countries’ legal requirement.
Iq Option is licensed by the CySEC — the Cyprus Securities and Exchange Commission (License No. 247/14). The company is EEA-Authorized and appears in the registers from the FCA (No. 670182), Consob (No. 0008204/15), CNMV (No. 3867), BaFin (No. 141907), Regafi (No. 75119), AFM, FSA, and the CNB.
Which basically means everything is checked through external audits, and that your invested funds are covered by some protective measures.
IQ Option is one of the few binary brokers that can boast personal capital over 200 000 dollars, according to the CySEC’s demand.
On top of that, the company has enough money to ensure client funds within the scope of the Investor Compensation Fund. Each client is insured against bankruptcy to the amount of 20 000 dollars.
Extra security is backed by the fact that client funds are stored on segregated accounts while all financial transactions and payment data are protected by cutting-edge encrypting systems and security protocols.
The company is certified with PCI DSS Level 4 and uses payment aggregators with payments PCI DSS Level 1 certifications (Ecommpay, Safecharge). This certification verifies data encoding, security of data storage on servers, the existence of backup and absence of vulnerability. All this grants the customers the absolute security of financial transactions and protection against payment details leakage.
IQ Option trading platform : IQ Option charts and account
Aside from candlestick charts, the IQ Option trading platform provides a full package of tools and indicators, including graphs (trendlines, support and resistance lines), moving averages, Bollinger Bands, RSI, etc.
The payouts on the platform depend on the volatility of the market and on the time of the day. If volatility is low, the market is considered more predictable, which reduces the percentage of the profit of the asset. As volatility increases, the percentage increases as well, reaching up to 90%.
In December 2015, the version 4.0 of the multi-assets binary options trading platform was launched.
The new version allows you to watch the quotations on a single screen which make it easier to hedge the risks or bid on various assets.
There is no need anymore to have multiple monitors or switch between windows.
The analytical tools were also improved to enable better trading decisions. To help you with the technical analysis, you can now use indicators such as the Parabolic SAR, MACD, the Awesome Oscillator, and the Stochastic Oscillator. An integrated newsfeed provide you with key information to help you to make informed decisions.
These modifications help traders to get a better picture of the asset classes they’re trading in.
As for trading itself, client orders are executed instantly and precisely. The “One-Click Trading” option allows traders to open a trade at the current price without delays.
How do you envision the future development of IQ Option?
We want to develop IQ Option as a tool not only for high-risk trading but also to give the opportunity to invest with less risk, to bet on long-term trends. We will introduce a kind of social media trading. We will allow traders to communicate with each other, and we will even pay our users just for the popularity of their accounts — Dmitriy Zaretsky, General Manager, IQ Option Europe LTD
IQ Option Bonus : time-sensitive bonus codes:
From time to time, IQ Option offers a welcome bonus. Those IQ Option Promo are extremely time-sensitive.
In order to redeem the bonus, you will be asked to enter your IQ Option bonus code before the expiration date.
Signup by using the form below to get started:
It should be noted that a IQ Option Bonus usually requires a mandatory minimum trading volume before a withdrawal can be made on that value.
IQ Option Robot : how to use IQ Option robots?
IQ Robots project has been closed down due to technical imbalance. Integrity and respect for our users remain the key values for IQ Option.
Starting from January 17th users will see a special page informing about it on IQ Robots domain. Please remove all the information from your reviews and use other landing pages on your websites and in ads. If, by any chance, one of users with your aff ID will get to the robots.iqoption.com page, we will save this aff ID in user’s cookie files, but we strongly recommend that you provide information about the project shutting down in advance for greater customer loyalty, or delete links that lead to Robots landing pages.
We apologize for the inconvenience and thank you for your understanding!
Video transcription: It’s December of 2006, a trading algorithm calls BORG written by Steven Swanson cause a 6% percent collapse in the stock market. Steven’s net profit for the day was $300,000. In 2010, Singh Sarao has found an ingenious line of code and a layering strategy, which led to a halt of trading on Wall Street. In just one hour, with his algorithm, Sarao earned $800,000. Now you can create your own trading algorithm, your own IQ Robot, without writing a single line of code. It is only necessary to specify the conditions under which your robot will make trades. Select your capital management strategy and test it on historical quotes to know how profitable your strategy is. Also, algorithms made by other traders will be available for you. All robots are already available in the system and are absolutely free. You have the ability to see statistics of the most successful robots, run them on your account, and automate your trading by basing on mathematical calculations. At present 95% of successful deals in the market are made with trading algorithms all by robots. IQ Robots. Automate your profits — robots.iqoption.com
How to use iq option robots?
IQ Robot is a state-of-the-art robotic platform where you can create a robot that matches your trading strategy. This is as simple as clicking « create a new robot », choose a name for it, and then use indicators (trend, oscillators and more), strategies (signals, filters or blocks) and tools (information, logical, mathematical and trading) to setup your robot. Once you did set all the parameters – exposure, limits on cost, put options, call options, and the entity to be traded; then you can let the robot do the rest. The best part is that you do not need to worry about losses spiraling out of control, as you are able to set the limits on how much you are prepared to lose. You can find a more detailed tutorial about this at https://youtu.be/eWBrM7BGD_Y Does it look complicated? I have a good news for you! IQ Robots display the list of all the robots created by other traders, and you can copy the top performing ones with a single click and this is 100% free!
IQ Option testimonial: Scam or Legit Broker?
Is IQ Option a scam or a legitimate company?
Here are some IQ Option user reviews shared by the people who tested the IQ Option software:
The trading platform is smooth on all devices:
“I tried IQ options after trying some other brokers as well and my experience with IQ is absolutely positive. No problems with payout (even of bigger amounts) or anything else. I especially appreciate their mobile platform. Recommended and responsible broker” — Jakub
This binary broker is trusted and regulated by financial institutions:
“IQ Option is the most famous binary options broker in the world! Obviously, IQ Option is a regulated broker under CYSEC in EU and in order to fulfill that financial regulation (FCA, CONSOB, REGAFI, and a lot more)… and try out the downloadable trading platform IQ Option 4.0 !!!! It is awesome!!!!” — Giacco77
The minimum deposit is low and the platform is easy to start with:
“IQOption trading platform is new and exciting. Trading Competitions With Big Prizes. With their minimum trading amount at $1, they make it easy for beginner traders to start trading” — Neil
They provide high quality tutorials and support:
“IQ option first deposit is affordable, tutorial material for beginners is very good, also good for binary options, deposit processed really fast spreads competitive” — Mayk
The team is surprisingly fast and helpful:
“I recently tried this broker and was pleasantly surprised to have found that they are very good at providing customer support, the trading interface is brilliant on android, the representatives are very helpful and the payout is fast. I have enjoyed my time trading with IQ Option and I will continue to use them. The interface is superb and the terms are the best in the market from my experience. Withdrawal went smoothly as well. I will happily recommend this company to anyone interested in binary trading” — Clayton
IQ Option opinion: my user experience
I hope this IQ Option user review helped you to understand better the binary options and why IQ Option is, in my opinion, the best trading platform available.
- More than 70 assets (including the big names: Google, Amazon, and Facebook)
- Profit up to 90% (in case of a successful trade)
- Free demo account
- Approved by regulators
- Possibility to copy the top performing robots or to create your own
- Video tutorials to learn everything about binary options and a light-speed support
- And of course, fast withdrawals!
I’m available to discuss in-depth about your IQ Option strategy and would love to hear your opinion, or experience if you are already registered, in the comment section! :)